P&G beats profit, sales estimates with price hikes
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(Reuters) - Higher prices and greater demand for its premium fabric care and beauty products helped Procter & Gamble Co's exceed analyst estimates for quarterly revenue and profit on Tuesday, even as grooming product sales were hurt by a stronger U.S. dollar.P&G, which makes Tide detergent and Olay skincare products, had raised prices on many products to make up for higher commodity and transportation costs that have rocked the consumer goods industry over the past year. The higher prices have..